Latest news with #Terrence
Yahoo
10-06-2025
- Automotive
- Yahoo
Atlanta dad's car now worth $30K — but he still owes $57K. Why Ramsey Show hosts say he's got to take a ‘bath'
Terrence from Atlanta has a budget problem, and he knows it. The Georgia father recently called in to The Ramsey Show seeking advice on how to get rid of his car, a 2021 Kia Stinger GT2 that costs him $1,200 a month. He also pays $2,000 in child support every month — a financial burden that leaves him with little breathing room despite earning a six-figure salary. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) 'I make $10,000 a month,' Terrence told co-hosts Ken Coleman and Dr. John Delony. 'I bring home $5,200 after taxes and child support.' Terrence bought the Stinger for about $60,000 — rolling in negative equity from a previous vehicle. Two years later and he still owes $57,000, but the car is now only worth about $30,000. 'Oh boy, that's a bath!' Coleman exclaimed. 'That is a bat right there.' Terrence's situation isn't rare. Unfortunately, many Americans find themselves 'car poor' — trapped by high monthly payments, inflated prices and interest rates that stretch already-thin budgets. According to CarEdge, the average price of a new car in the U.S. hovers around $48,699. Meanwhile, Experian reports the average monthly car payment for new vehicles sits at $742 as of Q4 2024. Interest rates on auto loans are also elevated, with new car buyers paying an average of 7.1% in Q1 2025, according to USA Today. All of this has led to Americans accumulating $1.64 trillion in auto loan debt as of Q1 2025, according to Trade Economics. Those numbers don't even factor in insurance, gas or maintenance costs. And with 20% of new car buyers now paying over $1,000 a month, Terrence is among a growing cohort of American drivers underwater on their loans. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it Terrence's question for the co-hosts was simple: what's the fastest, least painful way out of this situation? In order to give the co-hosts a complete picture of his finances, Terrence said he typically has between $1,300 and $1,400 remaining every month after paying his child support and other expenses. The co-hosts offered Terrence two potential escape routes. One option is to aggressively pay off the car over a long period of time by throwing $3,000 a month at the debt. However, that route might include some extreme budgeting and maybe even a few overtime shifts for Terrence. "If you take that $1,200 a month [car] payment, you take that $1,300 extra and you go through your budget with a magnifying glass. You stop going out for a season, and let's say you can scrounge up $3,000 [per month] that includes this $1,200. You can pay this thing off,' Deloney said. The other route calls for Terrence to sell the car now for around $30,000 and buy a reliable used vehicle — like a high-mileage Toyota or a Buick, which Terrence once owned and loved — for about $7,500, and then pay off a big chunk of the auto loan balance with the roughly $22,000 remaining from the sale of the car. This would leave Terrence with roughly $35,000 left on the auto loan, which means he wouldn't be out of the woods just yet. Either way, Terrence is going to have to pull himself up by his boot straps and create a frugal budget in order to get out of this financial hole. Ultimately, the co-hosts applauded Terrence's honesty and determination to change course. 'I've got a daughter who's about to go to college, so I want to have the money," Terrence said. Coleman and Delony's final piece of advice? Ditch the debt, drive a modest car and stay focused on long-term goals. Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead How much cash do you plan to keep on hand after you retire? Here are 3 of the biggest reasons you'll need a substantial stash of savings in retirement Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Automotive
- Yahoo
Atlanta dad's car now worth $30K — but he still owes $57K. Why Ramsey Show hosts say he's got to take a ‘bath'
Terrence from Atlanta has a budget problem, and he knows it. The Georgia father recently called in to The Ramsey Show seeking advice on how to get rid of his car, a 2021 Kia Stinger GT2 that costs him $1,200 a month. He also pays $2,000 in child support every month — a financial burden that leaves him with little breathing room despite earning a six-figure salary. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) 'I make $10,000 a month,' Terrence told co-hosts Ken Coleman and Dr. John Delony. 'I bring home $5,200 after taxes and child support.' Terrence bought the Stinger for about $60,000 — rolling in negative equity from a previous vehicle. Two years later and he still owes $57,000, but the car is now only worth about $30,000. 'Oh boy, that's a bath!' Coleman exclaimed. 'That is a bat right there.' Terrence's situation isn't rare. Unfortunately, many Americans find themselves 'car poor' — trapped by high monthly payments, inflated prices and interest rates that stretch already-thin budgets. According to CarEdge, the average price of a new car in the U.S. hovers around $48,699. Meanwhile, Experian reports the average monthly car payment for new vehicles sits at $742 as of Q4 2024. Interest rates on auto loans are also elevated, with new car buyers paying an average of 7.1% in Q1 2025, according to USA Today. All of this has led to Americans accumulating $1.64 trillion in auto loan debt as of Q1 2025, according to Trade Economics. Those numbers don't even factor in insurance, gas or maintenance costs. And with 20% of new car buyers now paying over $1,000 a month, Terrence is among a growing cohort of American drivers underwater on their loans. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it Terrence's question for the co-hosts was simple: what's the fastest, least painful way out of this situation? In order to give the co-hosts a complete picture of his finances, Terrence said he typically has between $1,300 and $1,400 remaining every month after paying his child support and other expenses. The co-hosts offered Terrence two potential escape routes. One option is to aggressively pay off the car over a long period of time by throwing $3,000 a month at the debt. However, that route might include some extreme budgeting and maybe even a few overtime shifts for Terrence. "If you take that $1,200 a month [car] payment, you take that $1,300 extra and you go through your budget with a magnifying glass. You stop going out for a season, and let's say you can scrounge up $3,000 [per month] that includes this $1,200. You can pay this thing off,' Deloney said. The other route calls for Terrence to sell the car now for around $30,000 and buy a reliable used vehicle — like a high-mileage Toyota or a Buick, which Terrence once owned and loved — for about $7,500, and then pay off a big chunk of the auto loan balance with the roughly $22,000 remaining from the sale of the car. This would leave Terrence with roughly $35,000 left on the auto loan, which means he wouldn't be out of the woods just yet. Either way, Terrence is going to have to pull himself up by his boot straps and create a frugal budget in order to get out of this financial hole. Ultimately, the co-hosts applauded Terrence's honesty and determination to change course. 'I've got a daughter who's about to go to college, so I want to have the money," Terrence said. Coleman and Delony's final piece of advice? Ditch the debt, drive a modest car and stay focused on long-term goals. Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead How much cash do you plan to keep on hand after you retire? Here are 3 of the biggest reasons you'll need a substantial stash of savings in retirement Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Tatler Asia
05-06-2025
- Tatler Asia
What makes Antarctica a Heaven at the end of the Earth?
The next day, we boarded a business-class flight with Antarctic Airways bound for King George Island: just two hours long, though the view below suggested a far rougher alternative. As we soared above the choppy seas, cruise ships below bobbed wildly, their passengers doubtless wishing they had chosen the sky route. As our 'penguin plane' began its descent, the first glimpse of Antarctica was nothing short of cinematic. Sunlight glinted off monumental icebergs beneath a piercingly clear blue sky. Mountains stood swathed in snow, overseeing a ragged, ice-bitten coastline. Having grown up on the stories of heroic (and sometimes tragic) explorers such as Scott of the Antarctic, I found it hard not to be moved. The word 'Arctic' is rooted in the Greek arktos , meaning bear—a neat mnemonic, as the Arctic is home to polar bears while Antarctica is not. Yet the southern pole holds its own distinctions: it spans 8% of the Earth's land mass, shelters 26 quadrillion tonnes of ice, contains 70% of the planet's fresh water, and sees record temperatures plummet to -93°C, with gales reaching speeds of 320 km/h. And of course, it's the realm of penguins. It is the coldest, highest, driest and windiest continent on Earth, so it's little wonder that barely a sliver of humanity has ever set foot there. From the fur traders and whalers of the 19th century to the fortunate few of today, fewer than a million souls have traversed this otherworldly expanse. King George Island is home to Antarctica's largest settlement, a small 'metropolis' of 150 inhabitants. For a continent nearly twice the size of Australia, it's a sobering reminder of just how remote we truly are. This icy outpost also hosts a band of charmingly mischievous, slightly aromatic, endearingly clumsy penguins—nature's most entertaining welcoming committee. They're the first to greet us as we step off the plane onto the waiting Zodiac, en route to the Silver Endeavour, our sun-drenched floating haven for the days ahead. Read more: Shy escapes: 9 quiet destinations for introverts who love to travel With capacity for just 160 guests and a dedicated crew of 200, the Silver Endeavour is a ship purpose-built for the poles—and indisputably the most luxurious of its kind afloat. That much was clear the moment Terrence, our impeccably mannered Filipino butler, whisked us to our suite on the eighth floor. Spacious enough to rival any city hotel, it came with an added flourish: humpback whales gliding past just beyond the private veranda. The suite itself was all understated opulence—cool marble in the bathroom, an elegant dining area, a plush sitting room, and a king-sized bed facing sweeping views through floor-to-ceiling windows. A fridge brimming with champagne and fine vintages completed the picture, all courtesy of Silversea's generous all-inclusive approach. Above Silversea Cruises' Silver Endeavour, purpose-built for polar voyages Onboard, a stellar expedition team awaited—leading scientists and researchers in disciplines as diverse as marine biology and glaciology. Each briefing was delivered with precision: maintain a respectful five-metre distance from wildlife, leave absolutely no trace, and follow strict disinfection protocols at every embarkation and return. Captain Kai Ukkonen, a genial Finn with decades of polar experience, welcomed us warmly. Then came a rousing declaration from Expedition Leader Jamie Watt: 'The adventure begins here, at the end of the world. Awaken your inner penguin and bring the Discovery films to life.' And he was right. What followed over the next six days was, quite simply, the most extraordinary voyage of our lives. Read more: The oldest restaurants in Asia: Where every meal is a taste of living history Within just 20 minutes of setting sail for Charlotte Bay, we were graced by two enormous humpback whales, each as heavy as five adult African elephants, surfacing just metres from our balcony. Their breath—a deep whoosh like a great leather bellows—echoed through the icy silence. It was a moment so mesmerising, so pure, it brought out the wide-eyed child in us all. Happily, their numbers in the Southern Ocean have rebounded to 110,000, more than before the onset of commercial whaling. Above A humpback whale makes a surprise appearance Each day began with a Zodiac cruise. After donning our gear, we would stop by the boot room. Silversea thoughtfully provides heated air vents to dry and warm footwear between outings. One morning took us to within 20 metres of a pod of humpbacks; another saw us meet the famously social chinstrap, gentoo and Adélie penguins. On the craggy shoreline of an abandoned Argentine research station, flanked by sheer cliffs, every surface was liberally coated in guano. But the scent was soon eclipsed by the absurd joy of penguin antics: slipping, tumbling, waddling along their icy 'highways', jostling each other and flinging themselves into icy puddles. They are, in every way, comedy in feathers. Above The Silver Endeavour's cosy interiors offer the comforts of a luxury resort, even at the ends of the Earth On other days, our Zodiac drifted through vast, glacial fjords in near-total silence—disturbed only by the eerie crack of ice fracturing off ancient glaciers. These thunderous ruptures, sudden and theatrical, occasionally sent small tsunami-like waves our way, leaving us both exhilarated and on edge, glancing nervously for signs of a 40-tonne humpback surfacing nearby. Our first steps on the Antarctic continent took place at Neko Harbour, a pristine amphitheatre of ice, home to hundreds of gentoo penguin pairs nestled into snow. We climbed gently uphill, passing Weddell seals snoozing in the cold, while giant storm petrels and polar skuas circled above. The latter are formidable hunters, and the Antarctic cycle of survival revealed its harshest face when we watched two skuas snatch a penguin egg. The distressed cry of the mother still echoes—a visceral reminder of nature's rawest realities. Above Stunning views from the Silver Endeavour In the days that followed, we met titanic elephant seals, some weighing up to four tonnes, lounging on ice floes before inelegantly flopping into the sea. More ominous were the killer whales—sleek, black, and hunting in disciplined pods like silent submarines. One passenger managed to capture a shocking moment on camera: a seal hurled metres into the air by these apex predators. Thankfully, the surrounding waters are meticulously tested to ensure they're safe before a few fearless guests attempt the infamous 'polar plunge'—a headfirst dive into the icy deep, secured by rope just in case nerves get the better of them mid-swim. Above Explore the icy waters of Antarctica After each invigorating outing, the ship awaited like an old friend. A martini or caipirinha in hand, we prepared for dinner at one of the ship's three impeccable restaurants. The cuisine was consistently sublime. A bowl of cacio e pepe, for instance, rivalled anything I'd sampled in Rome just weeks before. No mean feat at the edge of the Earth. The most transcendent moments often involved the icebergs: colossal ones the size of football pitches drifted past like frozen cathedrals, while smaller bergs, floating serenely in luminous aquamarine pools, provided peaceful perches for weary penguins. On our penultimate morning, we awoke to what could easily be mistaken for a digitally rendered dreamscape: the entire Antarctic panorama mirrored in a motionless sea. Once again, Antarctica had reminded us of her greatest gift—reflections so pure they border on the surreal. Article published from the original feature in Tatler Vietnam, March 2025 issue NOW READ How to spend 48 hours in the ancient capital of Hue Hoi An's shadow in a heritage coffee space Discover the world of Louis Vuitton trunks: Heritage, innovation and the art of living
Daily Express
04-06-2025
- General
- Daily Express
Build water pump station at UMS: Parti Kerjasama Anak Negeri
Published on: Wednesday, June 04, 2025 Published on: Wed, Jun 04, 2025 By: Nikko Fabian Text Size: Terrence and Nicholas. Kota Kinabalu: Parti Kerjasama Anak Negeri (PKAN) deputy president Terrence Tsen said the ongoing water crisis at Universiti Malaysia Sabah (UMS), is an 'embarrassment' to the state government, particularly the relevant Ministry. He said water supply falls under the purview of the Sabah Water Department, an agency within the Sabah Ministry of Works. He lamented the government's reliance on temporary measures such as water tankers and the construction of water tanks, calling them insufficient to address the chronic problem and proposed the construction of a dedicated water pump station at UMS to ensure a consistent and adequate water supply. Terrence pointed to the high rate of Non-Revenue Water (NRW) in Sabah – currently at 56 per cent – as a likely contributing factor to the UMS water shortage. He suggested that illegal water connections by squatters in areas surrounding the university are significantly impacting water pressure. Terrence questioned the Sabah Water Department's actions to address these illegal connections and urged immediate investigations and enforcement. He also emphasised the link between the pervasive water problems and the large number of undocumented settlements on the outskirts of Kota Kinabalu, stating that the inaction of the Department in addressing illegal water tapping in these areas is highly suspicious. 'The significant financial losses incurred by the state government due to NRW were also highlighted, emphasising the urgency of the situation.' Meanwhile, Liberal Democratic Party (LDP) called for full transparency from all parties involved. Its Publicity Chief Nicholas Ban said the prolonged disruption has severely affected the lives of students and staff, and questioned the lack of proactive measures by the university management. 'While we acknowledge the intervention of Sarawak Premier Tan Sri Abang Johari Tun Openg in bringing attention to the matter, we must also ask why UMS has not taken immediate steps to lessen the impact of the crisis,' he said in a statement. Among the questions raised by Nicholas were whether there had been a delay in alerting the relevant authorities, if contingency measures such as deploying water tankers were activated, and whether proper monitoring systems were in place for early detection of supply issues. He also urged the to clarify its protocols, including whether they were informed in time and if standard procedures – such as tanker deployment and minimum storage level maintenance – were followed. 'This crisis has caused unnecessary hardship, with students forced to buy water just for basic hygiene. It is unacceptable that a national higher education institution is left so vulnerable,' he said. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Scottish Sun
09-05-2025
- Entertainment
- Scottish Sun
MAFS stars spark romance rumours as they cosy up on boozy night out after bride is accused of showmance with groom
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) MARRIED At First Sight UK stars Terence Edwards and Lacey Martin got cosy as they rang in her 28th birthday at a trendy bar. Terence, 40, and Lacey cuddled up close for plenty of photos and videos posted to their respective Instagram stories. Sign up for the Entertainment newsletter Sign up 5 MAFS UK star Lacey Martin was seen getting cosy with another star from the show Credit: Instagram 5 It was Terence Edwards who attended her birthday party Credit: Getty The pair appeared on the E4 reality relationship series one year apart, but seems they have become fast friends since moving on from their TV spouses. Terrence and Lacey partied with her twin sister Paige and Love Island's Marcel Sommerville at celebrity hotspot, Sheesh, in Chigwell. The pair partied together and took a video of them doing shots on the night out. Terrence also posted a video sitting next to Lacey and filmed her receiving her birthday cake as she cheered while everyone sang her Happy Birthday. The social worker turned DJ and host found fame in the 2023 series of MAFS, while Lacey appeared on the E4 show a year later. Terrence was paired with Porscha Pernnelle on MAFS UK, but their marriage did not last when he walked out of the show after hearing rumours she had kissed other grooms. Since then, he has been spotted hanging out with another MAFS UK star, Tasha Joy, 27. As for Lacey, she seemed to have a happier marriage on the series when she was put with Nathan Campbell, but they split after the show aired. Their breakup turned sour when Nathan accused Lacey of wanting to fake their romance in order to get more publicity and media opportunities. He made the revelations during February's reunion episode. MAFS UK exes risk run-in at celeb packed event after bitter split and huge fall out Nathan told some of the other grooms: "She messaged me and said after a year you get magazine deals and things like that, showmance." He went on to say: "She sent me a text message saying the relationship she wanted would be a pretend one so she could get more opportunity from it and make more money but I didn't want to do it." Lacey's family defended her on social media and she opened up about experiencing dark episodes since the breakup. "We all have our battles, but overall, I am a positive girl. And I didn't get out my pyjamas for four days. I was crying, and it was just me, my mum and my twin sister Paige in the house," she told Bobby Norris on his Access All Areas podcast. "And I was like, Mum, there's no way out. And for me, I feel like Nathan should have put a statement out." She continued: "I suffer with depression. I'm pretty open about that, but I've never had dark thoughts like that where I'm drowning. "I just want it to be all over. I just want to be asleep. And, it was a hard place. And there was no one to run to, and even if you put out a statement, people weren't really reading it." 5 Terrence was married to Porscha Pernnelle on MAFS UK Credit: Channel 4 5 While Lacey was paired with Nathan Campbell Credit: Instagram/E4 5 Nathan accused Lacey of wanting a 'showmance' Credit: Channel 4 Help for mental health If you, or anyone you know, needs help dealing with mental health problems, the following organisations provide support. The following are free to contact and confidential: Samaritans, 116 123 CALM (the leading movement against suicide in men) 0800 585 858 Papyrus (prevention of young suicide) 0800 068 41 41 Shout (for support of all mental health) text 85258 to start a conversation Mind, provide information about types of mental health problems and where to get help for them. Call the infoline on 0300 123 3393 (UK landline calls are charged at local rates, and charges from mobile phones will vary). YoungMinds run a free, confidential parents helpline on 0808 802 5544 for parents or carers worried about how a child or young person is feeling or behaving. The website has a chat option too. Rethink Mental Illness, gives advice and information service offers practical advice on a wide range of topics such as The Mental Health Act, social care, welfare benefits, and carers rights. Use its website or call 0300 5000 927 (calls are charged at your local rate). Heads Together, is the a mental health initiative spearheaded by The Royal Foundation of The Prince and Princess of Wales.
